SilverCrest Metals Inc (CVE:SIL) Director Sells C$253,600.00 in Stock

SilverCrest Metals Inc (CVE:SIL) Director Nathan Eric Fier sold 16,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of C$15.85, for a total value of C$253,600.00.

SilverCrest Metals Trading Down 0.5 %

Shares of CVE SIL opened at C$8.52 on Friday. SilverCrest Metals Inc has a fifty-two week low of C$2.85 and a fifty-two week high of C$8.70. The company has a debt-to-equity ratio of 0.74, a quick ratio of 5.43 and a current ratio of 5.50. The company has a market cap of C$1.25 billion and a price-to-earnings ratio of -83.53. The business’s 50 day moving average price is C$8.52 and its 200-day moving average price is C$8.52.

Analysts Set New Price Targets

SIL has been the subject of a number of recent research reports. Royal Bank of Canada lifted their target price on SilverCrest Metals from C$12.00 to C$13.00 in a report on Friday, December 6th. Ventum Financial lowered shares of SilverCrest Metals from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from C$13.45 to C$15.50 in a research note on Monday, October 7th.

About SilverCrest Metals

SilverCrest Metals Inc acquires, explores for, and develops precious metal properties in Mexico. It primarily explores for silver and gold properties. The company's principal property is the Las Chispas project that consists of 28 concessions totaling approximately 1,401 hectares located in Sonora, Mexico.